Travel Rewards Credit Cards Canada
Airlines, hotels and other brand credit cards are useful if you travel often and are loyal to a particular brand. However, if your main goal is to earn as many points as possible for your spending and there are many ways to use your points, a card that collects transferable points is the best option. With travel award credit cards, you earn points or miles every time you use them, and in selected categories, you can earn more points per dollar. Business Insider David Slotnick earned 6, for example, 6 cents per point when he used Chase Ultimate Rewards to book a first-class flight to Japan.
Top travel cards such as Chase Sapphire Reserve (r) offer bonus points on travel spending, and the Marriott Bonvoy Boundless (TM) credit card offers bonus points when using the card at Marriott hotels. Travel Rewards Credit Cards are the best travel credit card to not be tied to a single airline or hotel chain with flexible rewards. All-purpose travel cards, including the Chase Sapphire Preferred (r) (r) card, American Express (r) Card, Gold Card and Capital One Ventures Rewards Credit Card, offer rewards for using cash to pay for travel in exchange for points from airlines and hotel loyalty programs.
The American Express Business Platinum Card is a great choice for anyone who wants to use the power of their credit card to reach their destinations. Whether you travel or what style you have, travel cards are great for earning rewards, boosting points, enhancing your travel experience and enjoying benefits for the elite. So whether it’s a winter getaway or a summer holiday for snowbirds, travel advice and the best travel cards in Canada can help you save a ton of money.
The best travel cards in Canada offer a combination of rewards, including comprehensive travel insurance, free airport lounges, sign-up bonuses and travel perks to make your vacation more enjoyable. These travel credit cards are fantastic and offer real value, which is why they will be found on my list of the best cashback credit cards and the best credit cards in Canada with foreign transaction fees. The biggest bonus of a travel award credit card is comprehensive travel insurance, which covers travel, medical care, travel cancellations, luggage theft, loss, flight delays, collision damage and car rental.
Travel award cards get points or miles for every purchase you make, intending to help you earn enough points to book free travel. Some offer the chance to collect vital points, while others include travel insurance or passports for elegant airport lounges as part of the package. In addition, the best travel award cards can earn points to transfer to different airlines and hotel partners such as Amex, Chase and Citi Points.
If you are a street warrior who frequently planes once or twice a week, you might want to consider premium travel cards that offer many perks to make your travels even better, such as Amex Platinum that offers airport lounges, access to hotels and elite status. You can also get a lucrative points-based rewards card with no foreign transaction fees. In this case, you can spend most of your expenditure on the card without a second reward card, and you can deduct the foreign transaction fee when travelling.
The Scotiabank Passport Visa Infinite card (TM) wins a big point in our book because it offers many perks for a hefty annual fee. In addition, Bank of America (r) has a broad definition of travel that gives you additional flexibility in using your rewards. For example, Scotia Rewards points are worth $0.01 when you redeem them for a trip but lose a third of their value if you redeem them for a statement.
The Scotia Rewards points you earn are excellent, and you can redeem them for almost any type of trip you book with your card. With Canada’s most popular travel rewards program, many Canadians want to earn Aeroplan points as much as they can. Aeroplan is such a popular travel reward program among our readers that the Aeroplan card that brings the most value to their annual fee is the Visa Infinite Card (r) TD (r) Aeroplan (r) Card.
In addition to the 10,000 Aeroplan points, you’ll receive a Bonus Buddy Pass to fly anywhere in North America with Air Canada. You’ll be able to make purchases of up to $1,000 with our Aeroplan card for the first 90 days. If the Visa Infinite Card Bonus is approved in the first year, this card will refund the annual fee to primary and additional cardholders, and the points earned on the first purchase are a huge total value. Scotiabank (r) Gold American Express (r), a card that rewards spending in the categories in which the average person deposits most of their money (groceries, restaurants, bars, food deliveries, etc. Canada has 5% Scotia Rewards Points for each dollar spent on gas and transportation and 3 points for every dollar spent outside Canada.
The incredible earning rate of 5 points per $1 spent on food and drink with the American Express Cobalt Card is a winner in the food and drink categories, with the most generous in the food category, including grocery stores, restaurants, bars and food delivery services. After the first 90 days of card membership, the earning rate for gas, food and restaurant purchases doubles. The sign-up bonus is the most important thing here, as it can be worth hundreds of dollars.